Philips to separate chip business, signaling possible listing or sale

Article Abstract:

Koninklijke Philips Electronics N.V. of Netherlands is planning to make its semiconductor division a separate company, possibly for a merger, sale or listing of the unit. The semiconductor operation posted sales of 4.7 billion Euros ($5.64 billion) in 2004. The electronics giant has posted declining revenue amidst falling market share for some products and increased competition from Asian companies.

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Philips Electronics boosts stake in TCL ahead of share overhaul

Article Abstract:

Koninklijke Philips Electronics N.V. of the Netherlands plans to increase its investment in TCL Corp. by approximately $25 million. The investment by the electronics company is to occur after a share overhaul that will convert its nontradable shares into tradable shares.

China, Financial management, Finance, Company investment, Investments, Company financing, TCL Corp.

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Philips mulls health-care deals

Article Abstract:

Koninklijke Philips Electronics N.V. regards health care mergers for its Domestic and Personal Care Division.

Parent-to-subsidiary activities, Subsidiary-to-parent activities, Subsidiaries, divisions and units

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